Avio to build $500 million rocket facility in Virginia
The Italian rocket company Avio has selected Virginia as the location where it will build a $500 million solid-fueled rocket facility as part of establishing its American-based division.
Italian rocket builder Avio has announced that it has selected the state of Virginia to build its planned US-based production facility. The $500 million project forms part of the company’s expansion of its defence business.
Avio founded its wholly owned US subsidiary, Avio USA, in 2022 to capitalise on a market opportunity created by constrained solid rocket motor production capacity relative to surging demand for tactical propulsion solutions. Since then, the company has signed contracts with the US Armed Forces, Raytheon, and Lockheed Martin.
Avio presently builds the Vega-C solid-fueled rocket, which until this year was managed and controlled by the European Space Agency’s (ESA) commercial division, Arianespace. That arrangement however is ending. Beginning next year, Arianespace will be out of the picture. Avio is already marketing its own rocket, as indicated above, and as part of that process the company has been expanding operations, such as creating this U.S. division.
And for Avio this situation presents a great opportunity. The only company producing solid-fueled rockets and missiles in the U.S. appears to be Northrop Grumman, and the lack of competition has made its rockets expensive. There is room for competition. Moreover, the decisions of the Biden administration to provide the Ukraine a very large percentage of the Pentagon’s missile stock means there is a big need to replenish those stocks.
The Italian rocket company Avio has selected Virginia as the location where it will build a $500 million solid-fueled rocket facility as part of establishing its American-based division.
Italian rocket builder Avio has announced that it has selected the state of Virginia to build its planned US-based production facility. The $500 million project forms part of the company’s expansion of its defence business.
Avio founded its wholly owned US subsidiary, Avio USA, in 2022 to capitalise on a market opportunity created by constrained solid rocket motor production capacity relative to surging demand for tactical propulsion solutions. Since then, the company has signed contracts with the US Armed Forces, Raytheon, and Lockheed Martin.
Avio presently builds the Vega-C solid-fueled rocket, which until this year was managed and controlled by the European Space Agency’s (ESA) commercial division, Arianespace. That arrangement however is ending. Beginning next year, Arianespace will be out of the picture. Avio is already marketing its own rocket, as indicated above, and as part of that process the company has been expanding operations, such as creating this U.S. division.
And for Avio this situation presents a great opportunity. The only company producing solid-fueled rockets and missiles in the U.S. appears to be Northrop Grumman, and the lack of competition has made its rockets expensive. There is room for competition. Moreover, the decisions of the Biden administration to provide the Ukraine a very large percentage of the Pentagon’s missile stock means there is a big need to replenish those stocks.





